Multi-Housing News JPL Development has lined up $395 million of Freddie Mac financing against Edison at Woodbury, a 207-unit apartment property in Woodbury, Minn, an eastern suburb of Minneapolis Gantry arranged the 10-year loan It pays a fixed rate...
Austin Business Journal KBS is offering for sale 515 Congress, a 267,956 square foot office building in Austin, Texas The Newport Beach, Calif, company has tapped JLL to market the 26-story building, at the southeast corner of Sixth Street and...
Just more than two-thirds of CMBS conduit loans by balance that came due in April were paid off on time That was a slight improvement from March and a marked improvement from the nearly 46% payoff rate in...
TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co on nearly a mile of Lake...
Benefit Street Partners has provided $821 million of short-term financing against the 450-unit Render Legacy Trail apartment property in the Florida Gulf Coast town of Nokomis The three-year loan, which could be extended by up to two additional...
Commercial Real Estate Direct Staff Report Nationwide has provided $335 million of mortgage financing against the 178,454-square-foot industrial property at 15959 Piuma Ave in Cerritos, Calif, about 16 miles south of Los Angeles JLL Capital Markets...
Knighthead Funding has provided $65 million of mortgage financing against the 96-room Marram Montauk boutique resort hotel on the easternmost tip of the south fork peninsula of Long Island, NY The oceanfront property, at 21 Oceanview Terrace, is...
ACRE has provided $351 million of debt financing against a portfolio of eight apartment properties with 1,573 units owned by a venture led by Harbor Group International The loan facility was arranged by Walker & Dunlop The portfolio that backs...
Citybiz Provident Industrial has acquired Commerce 45, a 15 million-square-foot industrial property in Hutchins, Texas, about 13 miles south of downtown Dallas The affiliate of Provident Realty Advisors of Dallas purchased the two-building property...
Citybiz Brixton Capital has acquired Allura Las Colinas, a 288-unit apartment complex in Irving, Texas The seller and purchase price were not disclosed JLL Capital Markets brokered the deal The property, at 6445 Love Drive, serves a collateral for a...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
